December 10th, 2008

Local unit of Daily Mail group completes Ft 4 billion print publishing investment

Hungary’s Lapcom, a member of the UK’s Daily Mail group, has completed a HUF 4bn editorial office and printing press, Zoltan Koti, who heads the publisher of regional daily Delmagyarorszag, said before the inauguration of the new printing press in Szeged on Tuesday.

The newspaper’s new office cost HUF 1.5bn to build and the printing press cost HUF 2.5bn.

The new press can print a 48-page issue, with colour on every page, in a single run, and it can print 70,000 copies an hour. The old machine could print just 25,000 copies.

About two-thirds of the press’s capacity will be used for Lapcom’s own products or orders.

Delmagyarorszag has a daily print run of about 55,000. Additionally, Lapcom prints the 75,000-copy national daily Magyar Nemzet.

Daily Mail and General Trust chairman Lord Rothermere, Hungarian Foreign Minister Kinga Goncz, Prime Minister Ferenc Gyurcsany’s wife Klara Dobrev, and Hungarian ambassador to Hungary Gerg Dorey were present at the inauguration ceremony.

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Comments [3]
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  1. R.Manworth says:

    Why not mention Lapcam prints The Budapest Sun to make it more relevant and interesting to RealDeal readers?

  2. sheesh says:

    R.Manworth, this story comes via national news agency MTI. Any complaints? Send it to mtieco@mti.hu or dankoa@mti.hu. BTW, I’m not an RD editor. Just helping you out.

  3. Erik says:

    Yes, I actually thought of adding that parenthetically, but it’s not good practice to modify wire pieces, and it’s also not so relevant; the Sun is only an itty bitty part of Lapcom’s overall operation. Bigger questions is what the hell they are doing expanding their dead tree operations in a market like this… must have been planned/paid for quite a while back.